The Experience Design Collective Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08953750 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2019

FOR

THE EXPERIENCE DESIGN COLLECTIVE LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

CURRENT ASSETS

Cash at bank

3,089

5,335

CREDITORS

Amounts falling due within one year

3

6,957

6,483

NET CURRENT LIABILITIES

(3,868

)

(1,148

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,868

)

(1,148

)

CAPITAL AND RESERVES

Called up share capital

4

2

2

Retained earnings

(3,870

)

(1,150

)

SHAREHOLDERS' FUNDS

(3,868

)

(1,148

)

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 9 March 2020 and were signed by:

A Barclay - Director

1.	STATUTORY INFORMATION

The Experience Design Collective Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address are as below:

Registered number:

08953750

Registered office:

80B Grove Park

London

SE5 8LF

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

£

Taxation and social security

446

446

Other creditors

6,511

6,037

6,957

6,483

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

£

2

Ordinary

£1

2

2

5.	RELATED PARTY DISCLOSURES

Included in other creditors is £5,983 (2018: £5,509) due to the director A Barclay.

6.	ULTIMATE CONTROLLING PARTY

The company is under the joint control of W Lian and the director A Barclay.